Biophilia NFT Social
This development is specifically designed for creators, social influencers, singers, musicians, and other individuals who want to create and promote NFTs in the real world. Here are some additional details:
NFT Collection as a Social Media Interface:
The interface provides creators with a platform to showcase their talents, artworks, or content through NFTs.
Artists can mint their NFTs and include accompanying captions, descriptions, or stories to engage their audience.
This feature allows creators to promote their work while building a community around their NFT collection.
Custom Royalty Fee:
Each NFT minted by a Creator has a royalty fee determined by the Creator.
When the Creator's earnings from the royalty fee reach x10 of the total first purchase price, the individual who purchases the NFT triggering this condition will enjoy and own an additional 5% royalty fee added to the NFT.
This customizable royalty fee empowers creators to determine the value and rewards associated with their NFTs.
Increased Earning Potential:
The purchaser who triggers the condition will have a maximum earning potential of either x50 of the total first purchase price or $200,000.
This provides an exciting opportunity for buyers to benefit from the growing popularity and value of the NFT they acquire.
Continuous Royalty Benefits:
The Creator who mints the NFT will continue to receive the royalty fee they set for their NFT, ensuring ongoing earnings.
This sustainable model incentivizes creators to continue producing valuable and engaging NFTs for their audience.
Ownership and Benefits:
If the conditions are met, the last purchaser who triggers the conditions becomes the new owner of the additional 5% royalty fee and enjoys the same benefits.
This ownership transfer ensures that the NFT remains valuable and rewards active participation within the community.
Trading and Re-Bidding:
After the bidding process, the NFT can be traded between individuals, allowing for a dynamic marketplace where buyers and sellers can interact.
If desired, the NFT can be put up for bidding again by the current owner, providing opportunities for new buyers to participate and potentially trigger the conditions for additional royalty fees.
The Biophilia Social is a powerful tool for creators, social influencers, singers, musicians, and other individuals who want to promote their work through NFTs. It offers a social media-like interface, customizable royalty fees, increased earning potential, continuous royalty benefits for creators, ownership opportunities for buyers, and the ability to trade or re-bid NFTs. This development aims to empower creators and provide them with a real-world platform to share and monetize their talents through the world of NFTs.
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